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    128 15Th St Faribault, MN 55021

    Sponsored
    For Sale
    Contact for pricing

    Large Warehouse, Office Space Available

    Property size:
    257,816 SF

    Description

    Added:
    Feb 3, 2025
    Days on Market:
    338
    This exceptional commercial property located at 128 15th Street in Faribault, Minnesota, presents a significant opportunity for businesses seeking expansive warehouse and office space. The property boasts a substantial 257,816 square feet of total space, ideal for a variety of operational needs. A key feature is the inclusion of over 30,000 square feet of dedicated warehouse space, strategically designed for efficient logistics. Multiple loading docks are incorporated into the layout, ensuring seamless loading and unloading of goods, complemented by convenient drive-in doors for easy access. The property also offers a significant amount of office space, providing a comfortable and functional environment for administrative tasks and team collaboration. This versatile property is situated on a lot with zero acres, making it an attractive option for businesses seeking a central location in Faribault. The asking price for this substantial property is $4 million. This is a rare opportunity to acquire a large-scale commercial property in a desirable location, offering a blend of warehouse and office space to meet diverse business requirements. The property's layout and features are designed to optimize operational efficiency and provide a productive work environment. Serious inquiries are encouraged to explore this exceptional commercial real estate offering. The property is ready for immediate occupancy.

    Property Features for 128 15Th St

    General Information

    Property type
    Investment properties
    Square Feet
    257,816 SF

    Building Details

    Year Built
    1900
    Property Profile Location Intelligence

    Current Use by Public Records

    Faribault Foods Warehouse ... Cannery

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Spa & Massage Dental Office Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Faribault
    County
    Rice
    State
    Minnesota
    Longitude
    -93.26984
    Latitude
    44.30749

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    FAQs

    What type of property is this?
    Investment property - Large Warehouse, Office Space Available
    Where is this investment property located?
    The property is located at 128 15Th St Faribault, MN.
    What is the asking price?
    The asking price for this property is $4.
    (612) 475-9070
    Request Owner's contact information
    128 15Th St Faribault, MN 55021
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    Faribault, MN 55021
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    128 15Th St Faribault, MN 55021
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